Source: Government of Ontario
|SMITHVILLE — The Ontario government is supporting $65 million in investments by three companies to boost local manufacturing and create 46 new, good-paying jobs in the Niagara Region. As part of these investments, the province is providing the companies with $6.7 million in support through the Regional Development Program (RDP).
“The Niagara Region is home to a robust manufacturing community, and thanks to their continued growth and investment, we can be confident that our targeted approach to fostering stability and growth across our economy is working,” said Vic Fedeli, Minister of Economic Development, Job Creation and Trade. “Our government is proud to support local businesses as they expand and create new jobs in communities across the province.”
Niagara Region recipients include:
Ontario is investing $140 million through its Regional Development Program to help manufacturers across the province grow, while supporting distinct regional priorities and challenges. To date, Ontario has provided more than $122 million to support more than 100 projects through the program, leveraging more than $1.3 billion in new investments and helping to create more than 2,500 jobs in the province.
“Niagara has long been a manufacturing powerhouse, employing tens of thousands of people in the automotive, paper, steel, hydroelectric and food processing sectors,” said Sam Oosterhoff, Member of Provincial Parliament for Niagara West. “Our government is continuing to support this manufacturing legacy with strategic investments through the Regional Development Program, ensuring Niagara remains a top destination for jobs and talent well into the future.”
Applications are now being accepted for the next intake round of RDP funding until January 25, 2024.